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How so? Central Bank Digital Currencies are being implemented exclusively on systems that allow the "Central" authority to absolutely ensure that nobody except
by pjkundert 4y ago
How so?
Central Bank Digital Currencies are being implemented exclusively on systems that allow the "Central" authority to absolutely ensure that nobody except that central authority can control every transaction in those ledgers.
And I don't think you meant the "C" in "Currency".
- aniijbod 4y ago> Ironic that CBDC systems are being built on a technology exclusively aimed at eliminating the C in that acronym. Thanks Pjkundert, you're correct I should have said 'first C". What I meant was that it was ironic that CBDCs are being constructed using systems that use blockchain, i.e., centralised systems, designed to deliver centralised currencies, based upon technology exclusively designed to deliver decentralised currencies.